CareMax Operating Income vs Total Revenue Analysis

CMAX Stock  USD 0.69  0.03  4.17%   
CareMax financial indicator trend analysis is way more than just evaluating CareMax prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CareMax is a good investment. Please check the relationship between CareMax Operating Income and its Total Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CareMax. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy CareMax Stock please use our How to Invest in CareMax guide.

Operating Income vs Total Revenue

Operating Income vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CareMax Operating Income account and Total Revenue. At this time, the significance of the direction appears to have pay attention.
The correlation between CareMax's Operating Income and Total Revenue is -0.73. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Total Revenue in the same time period over historical financial statements of CareMax, assuming nothing else is changed. The correlation between historical values of CareMax's Operating Income and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of CareMax are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Operating Income i.e., CareMax's Operating Income and Total Revenue go up and down completely randomly.

Correlation Coefficient

-0.73
Relationship DirectionNegative 
Relationship StrengthWeak

Operating Income

Operating Income is the amount of profit realized from CareMax operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of CareMax is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Total Revenue

Total revenue comprises all receipts CareMax generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from CareMax's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CareMax current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CareMax. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy CareMax Stock please use our How to Invest in CareMax guide.Sales General And Administrative To Revenue is likely to rise to 0.17 in 2024, whereas Selling General Administrative is likely to drop slightly above 47.6 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit31.4M80.3M13.9M13.2M
Total Revenue295.8M631.1M751.1M411.8M

CareMax fundamental ratios Correlations

0.94-0.960.83-0.140.820.970.220.940.930.82-0.830.990.740.990.310.991.00.810.710.990.810.570.650.890.92
0.94-0.810.63-0.130.610.9-0.060.780.840.65-0.720.890.520.920.050.910.920.740.480.910.740.330.360.721.0
-0.96-0.81-0.940.12-0.94-0.96-0.43-1.0-0.92-0.910.86-0.99-0.87-0.97-0.51-0.98-0.97-0.82-0.84-0.97-0.82-0.73-0.83-0.96-0.78
0.830.63-0.940.061.00.880.650.940.880.98-0.870.880.950.860.710.870.860.870.930.870.870.830.90.990.58
-0.14-0.130.120.060.040.060.54-0.10.220.22-0.4-0.130.29-0.040.57-0.13-0.090.380.31-0.060.380.420.08-0.01-0.14
0.820.61-0.941.00.040.870.650.940.870.98-0.860.880.950.850.710.870.850.860.930.860.860.830.910.990.57
0.970.9-0.960.880.060.870.380.950.980.89-0.930.980.840.990.480.980.990.90.810.990.90.70.720.910.87
0.22-0.06-0.430.650.540.650.380.480.490.67-0.630.320.810.30.990.290.280.540.840.310.540.920.820.53-0.11
0.940.78-1.00.94-0.10.940.950.480.920.91-0.860.970.890.950.550.970.960.810.870.960.810.760.860.950.74
0.930.84-0.920.880.220.870.980.490.920.92-0.980.940.890.960.590.940.950.940.870.960.940.780.740.90.81
0.820.65-0.910.980.220.980.890.670.910.92-0.930.870.960.870.740.860.860.940.940.870.940.850.850.970.61
-0.83-0.720.86-0.87-0.4-0.86-0.93-0.63-0.86-0.98-0.93-0.86-0.93-0.89-0.72-0.85-0.86-0.96-0.91-0.88-0.96-0.86-0.77-0.87-0.69
0.990.89-0.990.88-0.130.880.980.320.970.940.87-0.860.810.990.41.01.00.820.781.00.820.650.730.920.87
0.740.52-0.870.950.290.950.840.810.890.890.96-0.930.810.80.860.790.790.871.00.810.870.960.940.90.47
0.990.92-0.970.86-0.040.850.990.30.950.960.87-0.890.990.80.40.991.00.860.771.00.860.650.690.910.9
0.310.05-0.510.710.570.710.480.990.550.590.74-0.720.40.860.40.380.380.630.890.410.630.950.840.60.0
0.990.91-0.980.87-0.130.870.980.290.970.940.86-0.851.00.790.990.381.00.820.761.00.820.640.720.920.88
1.00.92-0.970.86-0.090.850.990.280.960.950.86-0.861.00.791.00.381.00.840.761.00.840.630.690.910.9
0.810.74-0.820.870.380.860.90.540.810.940.94-0.960.820.870.860.630.820.840.840.851.00.740.660.890.71
0.710.48-0.840.930.310.930.810.840.870.870.94-0.910.781.00.770.890.760.760.840.780.840.980.950.880.43
0.990.91-0.970.87-0.060.860.990.310.960.960.87-0.881.00.811.00.411.01.00.850.780.850.650.710.920.89
0.810.74-0.820.870.380.860.90.540.810.940.94-0.960.820.870.860.630.820.841.00.840.850.740.660.890.71
0.570.33-0.730.830.420.830.70.920.760.780.85-0.860.650.960.650.950.640.630.740.980.650.740.930.750.28
0.650.36-0.830.90.080.910.720.820.860.740.85-0.770.730.940.690.840.720.690.660.950.710.660.930.830.31
0.890.72-0.960.99-0.010.990.910.530.950.90.97-0.870.920.90.910.60.920.910.890.880.920.890.750.830.69
0.921.0-0.780.58-0.140.570.87-0.110.740.810.61-0.690.870.470.90.00.880.90.710.430.890.710.280.310.69
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CareMax Account Relationship Matchups

CareMax fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab1.1M3.4M3.9M33.6M50.2M52.7M
Total Current Liabilities3.3M5.5M22.0M77.3M438.8M460.8M
Net Tangible Assets(5.5M)(11.9M)(19.0M)(204.7M)(184.2M)(175.0M)
Accounts Payable1.5M1.0M3.1M7.7M6.3M3.8M
Other Assets194.7K182.9K4.7M1K1.2K1.1K
Net Receivables5.2M9.7M42.0M151.0M114.8M59.9M
Inventory10.6K15K550K723K1.00.95
Other Current Assets426.5K183K539K4.0M3.1M3.2M
Other Stockholder Equity4.9M6.5M505.3M657.1M782.4M821.5M
Total Current Assets10.1M14.9M108.0M197.3M183.3M95.0M
Property Plant Equipment3.5M4.8M16.0M129.9M149.4M156.9M

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Additional Tools for CareMax Stock Analysis

When running CareMax's price analysis, check to measure CareMax's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CareMax is operating at the current time. Most of CareMax's value examination focuses on studying past and present price action to predict the probability of CareMax's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CareMax's price. Additionally, you may evaluate how the addition of CareMax to your portfolios can decrease your overall portfolio volatility.